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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2013
Business Combinations [Abstract]  
Schedule of Purchase Price Allocation
The following tables summarize (in thousands) the purchase price allocations for the acquisitions of CyberCoders and Whitaker, which are subject to finalization during the measurement period, and Apex, HCP and Valesta:
 
2013 Acquisitions
 
2012 Acquisition
 
2011 Acquisitions
 
CyberCoders
 
Whitaker
 
Apex
 
HCP
 
Valesta
Current assets
$
10,805

 
$
8,909

 
$
172,042

 
$
3,950

 
$
6,332

Property and equipment
3,790

 
272

 
902

 
123

 
299

Goodwill
70,527

 
7,452

 
264,590

 
14,398

 
17,911

Identifiable intangible assets
36,450

 
9,760

 
251,555

 
1,784

 
5,679

Other
915

 
568

 
494

 
13

 
26

Total assets acquired
$
122,487

 
$
26,961

 
$
689,583

 
$
20,268

 
$
30,247

 
 
 
 
 
 
 
 
 
 
Current liabilities
$
8,022

 
$
5,083

 
$
77,905

 
$
1,070

 
$
4,774

Other
15,817

 
551

 
850

 
49

 
1,814

Total liabilities assumed
23,839

 
5,634

 
78,755

 
1,119

 
6,588

Total purchase price
$
98,648

 
$
21,327

 
$
610,828

 
$
19,149

 
$
23,659

Schedule of Intangible Assets Acquired as Part of Business Combinations
The following table summarizes (in thousands) the allocation of the purchase price among the identifiable intangible assets for the acquisitions of CyberCoders and Whitaker, which are subject to finalization during the measurement period, and Apex, HCP and Valesta:
 
 
 
Identifiable Intangible Asset Value
 
 
 
2013 Acquisitions
 
2012 Acquisition
 
2011 Acquisitions
 
Useful life
 
CyberCoders
 
Whitaker
 
Apex
 
HCP
 
Valesta
Contractor relations
2 – 5 years
 
$
3,900

 
$
1,800

 
$
10,589

 
$
814

 
$
266

Customer relations
2 – 10 years
 
750

 
5,900

 
92,147

 
950

 
2,395

Non-compete agreements
2 – 7 years
 
800

 
60

 
2,076

 
20

 
440

In-use software
6 years
 
18,900

 

 

 

 

Trademarks
indefinite
 
12,100

 
2,000

 
146,743

 

 
2,578

 
 
 
$
36,450

 
$
9,760

 
$
251,555

 
$
1,784

 
$
5,679

Schedule of Pro Forma Consolidated Results of Operations
The pro forma financial information is not necessarily indicative of the operating results that would have occurred if the acquisition had been consummated as of the date indicated, nor are they necessarily indicative of future operating results.
 
2013
 
2012
 
2011
 
(unaudited)
Revenues
$
1,717,337

 
$
1,494,542

 
$
1,234,468

Income from continuing operations
$
59,598

 
$
52,538

 
$
22,676

Net income
$
89,756

 
$
58,732

 
$
26,109

 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
Income from continuing operations
$
1.11

 
$
1.01

 
$
0.44

Net income
$
1.68

 
$
1.13

 
$
0.51

 
 
 
 
 
 
Diluted earnings per share
 
 
 
 
 
Income from continuing operations
$
1.09

 
$
0.99

 
$
0.44

Net income
$
1.65

 
$
1.10

 
$
0.50

 
 
 
 
 
 
Weighted average number of shares outstanding
53,481

 
52,103

 
51,180

Weighted average number of shares and dilutive shares outstanding
54,555

 
53,190

 
52,062